ENTREPRENEURIAL OPPORTUNITIES
MARKET RESEARCH
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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What is a market?
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A place where buyers and sellers meet to trade products
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A place where businesses promote their product/service
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A place to trade onl
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None of the above
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Explanation:
Detailed explanation-1: -A market is a place where buyers and sellers can meet to facilitate the exchange or transaction of goods and services. Markets can be physical like a retail outlet, or virtual like an e-retailer. Other examples include illegal markets, auction markets, and financial markets.
Detailed explanation-2: -a) Local Market: The market for the commodities which are sold within local geographical limits of a region is known as a local market.
Detailed explanation-3: -Trade is the exchange of goods and services between parties for mutually beneficial purposes.
There is 1 question to complete.